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-   -   Prospecting For FREE SILVER (http://goldismoney.info/forums/showthread.php?t=382135)

11S11ver 06-10-2009 12:14 PM

Prospecting For FREE SILVER
 
I was on GIM and the discussion came up about Coinstar machines and how much silver they might contain after someone dumps their coins in there.

Someone familiar with the machines mentioned that they reject any coins that are pre-65 silver(along with canadian and other foreign coins).

Walking out of my local grocery store I stuck my hand in the reject bin and found a 1957 dime!

FREE SILVER! :banana:

rezop 06-10-2009 12:18 PM

Re: Prospecting For FREE SILVER
 
I know a guy that's offered to give me one of the coinstar machines to sort my halves. He said that the copper pennies could also be configured as off-sorts, so they would be rejected as well. It seems like it might be kind of fun to do. With one of those machines, I could just go prospecting for everything and then just pile it in and call it a day.

ME CO 06-10-2009 01:28 PM

Re: Prospecting For FREE SILVER
 
The bank I dump at has "coinstar" type machines in the lobby, no fee for acct holders. I have found many a silver dime waiting in the reject tray for ME. As far as rejecting halves I don't know- once when they had to change the bin I saw a Ben Franklin. I think they reject silver dimes and quarters based on weight cause they are lighter than the clad but silver halves are heavier than the clad. I would love to have an old machine to play with. HH Mark

Saul Mine 06-10-2009 03:32 PM

Re: Prospecting For FREE SILVER
 
http://www.google.com/search?q=HI-08CS

This will get you a sorter for about 20 bux.

highroller4321 06-11-2009 01:31 AM

Re: Prospecting For FREE SILVER
 
I know someone who owns a company that processes these machines. He actively searches for silver in them via a differnt counting machine. They DONT reject silver halves!

Hellsbane 11-16-2009 05:49 PM

Re: Prospecting For FREE SILVER
 
Quote:

Originally Posted by 11S11ver (Post 1763102)
I was on GIM and the discussion came up about Coinstar machines and how much silver they might contain after someone dumps their coins in there.

Someone familiar with the machines mentioned that they reject any coins that are pre-65 silver(along with canadian and other foreign coins).

Walking out of my local grocery store I stuck my hand in the reject bin and found a 1957 dime!

FREE SILVER! :banana:

He is correct. I use a coin star all the time at a local store and it always spits my silver back out. At first i thought there was something wrong with the machine when it kept spitting out coins that had nothing wrong with them. Couldn't figure it out. On a hunch, i turned the coins to veiw there edges, " i can't see very well so i wasn't able to read a date on the coins ", and noticed there was no copper in the center. Then i went... AHHHHHHhhhh. :)

Hellsbane 11-16-2009 05:51 PM

Re: Prospecting For FREE SILVER
 
Quote:

Originally Posted by highroller4321 (Post 1764169)
I know someone who owns a company that processes these machines. He actively searches for silver in them via a differnt counting machine. They DONT reject silver halves!


No problem here, i keep all halves and dollar coins, " the Ikes and such, don't want any of that modern quarter sized crap ".


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